Last week’s wheat export shipments pace was estimated at 16.8 MB. After 15 weeks, wheat shipments were at 27% of USDA’s expectations vs. 32% last year. With 37 weeks left in wheat’s export marketing year, shipments need to average 15.3 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 60.0 MB. After 2 weeks, corn shipments were at 3% of USDA’s expectations vs. 3% last year. With 50 weeks left in corn’s export marketing year, shipments need to average 63.8 MB to make USDA’s projection of 3.275 BB.
Last week’s soybean export shipments pace was estimated at 24.7 MB. After 2 weeks, soybean shipments were at 2% of USDA’s expectations vs. 3% last year. With 50 weeks left in soybeans’ export marketing year, shipments need to average 33.0 MB to make USDA’s projection of 1.685 BB.
